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Articles in category: Finance

The average broker recommendation according to Zacks is 4.06 based on 5 recommendations. On a consensus basis, analysts have a short term target price of $37. Out of 265 companies within the Ofice Automation industry, the company sits at 235. Zacks gives a current quarter EPS estimate of 0.78 and a Sell rating of 4 which is based on short term performance over the next one to three months. Of the companies included in the Zack’s consensus rating, 3 rate the stock a Strong Sell and 2 see it as a Hold.

Lexmark International (NYSE:LXK) VP Scott T.R. Coons sold 6,010 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $43.61, for a total value of $262,096.10. Following the completion of the sale, the vice president now directly owns 63,735 shares of the company’s stock, valued at approximately $2,779,483.35. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Lexmark International (NYSE:LXK) CEO Paul A. Rooke sold 24,904 shares of Lexmark International stock on the open market in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $43.55, for a total transaction of $1,084,569.20. Following the completion of the transaction, the chief executive officer now directly owns 83,051 shares in the company, valued at approximately $3,616,871.05. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Lexmark International, Inc. (NYSE: LXK) today announced that its Board of Directors declared a quarterly cash dividend of $0.36 per share of Lexmark Class A Common Stock. The dividend is payable on March 13, 2015, to shareholders of record as of the close of business on March 2, 2015.

Lexmark International announced today that Paul Rooke, Lexmark chairman and chief executive officer and David Reeder, Lexmark vice president and chief financial officer, will participate in the Morgan Stanley Technology, Media and Telecom Conference on March 5, 2015, in San Francisco.

Xerox's (NYSE: XRX) board of directors has declared a 12 percent increase in the company’s quarterly cash dividend to $0.07 per share on Xerox common stock. The dividend is payable on April 30, 2015 to shareholders of record on March 31, 2014.

Xerox announced a partnership with Datawatch to accelerate Xerox managed print services customers' migration to digital by leveraging the data preparation capabilities of Datawatch's visual analytics platform. Datawatch was included among Database ...

Lexmark reported mixed results for fourth-quarter 2014 wherein its bottom line miss the Zacks Consensus Estimate but the top line surpass the same. Revenues however increased on a year-over-year basis, primarily attributed to strong growth in Laser and Perceptive Software business and imaging and software solutions

Avanti Computer Systems Limited, a leading provider of Print MIS solutions, today announced strong customer growth in the first quarter of its 2015 fiscal year. As it continues its growth curve, the company is pleased to announce new customers in both the In-Plant and Commercial print markets.

Lexmark International logo Lexmark International (NYSE:LXK) is scheduled to be issuing its Q414 quarterly earnings data on Tuesday, January 27th. Analysts expect the company to announce earnings of $1.15 per share and revenue of $982.34 million for ...

Lexmark International, Inc. (NYSE: LXK) plans to announce fourth quarter and full year 2014 earnings on Tuesday, Jan. 27, 2015. A conference call is scheduled for 8:30 a.m. EST. The live audio broadcast can be accessed from Lexmark's investor relations website at http://investor.lexmark.com. A replay will be available on the investor relations website shortly after the call.

Ricoh Co, Ltd. resolved on a ratio change of its American Depositary Receipts (ADRs). As a result, one American Depositary Share (ADS), which currently represents five underlying shares of Ricoh Co, Ltd, will represent one underlying share. New ratio will be effective January 13, 2015 (U.S. EST). The ratio change will result in a distribution of 4 additional ADSs for every one held. The ratio change is intended to make the ADR price more attractive for U.S. investors.

Lexmark International Inc (NYSE:LXK) climbed 0.05 points to end the trading session 0.12% higher. As the market opened, the first trade was executed at $40.71. Even as the stock skid to $39.89, the bullish mood lifted the stock price which closed at $40.7. $40.87 was the highest the mood could push the price to. The volume reading came in at 500,399 shares. The previous close of the counter was $40.65. The market cap of the company was $51.77 and the market cap of the stock is $2,515 million. The ...

"AUXILIO blends health care
managed print solutions
; best business processes and financial expertise to help you contain costs in your hospital by managing the entire spend related to print production including printing from copiers, faxes, scanner
...

* Reeder has been CFO for Electronics for Imaging (NASDAQ: EFII) since January 2014, with responsibilities for finance, accounting, IT, real estate, security and treasury, audit, tax and investor relations.

Xerox (NYSE: XRX) today announced an agreement to sell its Information Technology Outsourcing (ITO) business to Atos for $1.05 billion prior to closing adjustments, with additional consideration of $50 million subject to the condition of certain assets...

We are optimistic about the company after it posted third-quarter non-GAAP earnings per share of $1.05, which comfortably surpassed the Zacks Consensus Estimate of 93 cents as well as its own guidance range of 85–95 cents. Also, earnings per share increased 2.9% from the year-ago quarter due to higher revenues and a lower tax rate.

Xerox is attempting to integrate its outsourcing capabilities with its Managed Print Services , in order to automate workflow with technology and consulting services. The company launched 23 new products this year and is pioneering new, inventive ...